Wamda

U.A.E

Lorryz raises $1.4 million in seed funding

Source: MenaBytes Dubai-based online freight marketplace Lorryz has raised $1.4 million in a seed round, it...

Regional

KBW Ventures invests in Singapore-based TurtleTree Labs

KBW Ventures, the venture capital (VC) firm founded by Prince Khaled bin Alwaleed, son of Saudi Arabia billionaire Prince Alwaleed bin...

Milk animal cells Investment

U.A.E

Dubai Council launches Dubai Future District and $272 million fund

Source: Mubasher Dubai is set to launch a new stock market and a AED 1 billion ($272,265,200) fund to support new-economy companies,...

Dubai future district

Saudi Arabia

Leap raises six figure seed funding

Source: MenaBytes Riyadh-based coffee pre-ordering startup Leap has raised six-figure (USD) seed funding, it...

seed Funding Coffee

U.A.E

Group 42 acquires Bayanat

Source: Emirates News Agency Group 42, an Abu Dhabi-based artificial intelligence and cloud computing company, announced today that it...

uae Data Acquistion

Morocco

Mubawab raises $7 million

Morocco-based real estate platform Mubawab has raised $7 million funding from Emerging Markets Property Group (EMPG), a UAE-based real...

Real Estate morocco Digital platform

U.A.E

Abu Dhabi invests in fintech blockchain start-up

Source: Zawya The Abu Dhabi Investment Office (ADIO) has invested in Securrency, a US-based developer of blockchain-based financial and...

Fintech Blockchain Investment

Saudi Arabia

Saudi government to support up to 50 per cent of salaries in private sector

Source: News1 The Human Resources Development Fund launched “Hadaf”, a campaign (# goal_ supports you), directed to private...

saudi Employment fund

U.A.E

SpiderSilk raises $500,000

Source: MENAbytes Dubai-based cybersecurity startup SpiderSilk has raised $500,000 seed in a round led by Global Ventures, and joined by...

cyber security cybersecurity

Regional

Mena startups raise $704 million in 2019

Source: Gulf News Investments in startups in the Middle East and North Africa rose 13 per cent to $704 million last year as more...

Investment MAGNiTT

Global

VentureSouq exits Frontier Car Group

UAE-based investment platform VentureSouq has sold its stake in German-based Frontier Car Group, an online and offline used-car...

VentureSouq Germany Exit

Global

Uber completes acquisition of Careem

Uber has confirmed the official close of its acquisition of UAE-based Careem for $3.1 billion, but is still awaiting regulatory approval in...

Careeem Uber acquisition

Saudi Arabia

Wadi Makkah invests in Pavegen

Wadi Makkah Ventures Company has invested in UK-based Pavegen’s Series A round. Pavegen is a clean-tech company, that installs...

clean tech energy

Saudi Arabia

HyperPay raises eight-figure investment

Source: MenaBytes Riyadh-headquartered payment processing platform HyperPay has closed an eight-figure USD investment, it announced...

PAYMENT Fintech saudi

Oman

Muscat Bank announces new $100 million fintech investment programme

Source: Fintech News BBank Muscat announced that the Central Bank of Oman has approved the bank’s request to launch a $ 100...

Investment fund Bank

Saudi Arabia

Sadeem raises $2.6 million from Wa'ed Ventures

Source: Sadeem Sadeem, a wireless environmental sensing systems spinout company from King Abdullah University of Science and Technology...

Wa'ed KAUST

U.A.E

JumpAdvisor raises seed investment

UAE-based JumpAdvisor recently raised a seed investment round from an angel investor, valuing the company at $400,000. JumpAdvisor is an...

seed investment

Egypt

R2S raises six-figure investment in Pre-Series A

Source: Egypt innovate The leading tech investor A15 pumped a six-figure investment into pioneering Egyptian e-commerce...

Investment Logistics Delivery

U.A.E

Adasat.com raises $350,000 in funding

Source: Laffaz Adasat.com is a new e-commerce platform based in Dubai that has recently raised $350,000 with the help of local...

contact lenses eye glasses sun glasses

Saudi Arabia

Sabbar raises $1.5 million seed

Source: MENAbytes Saudi-based recruitment technology platform Sabbar has raised $1.5 million in a seed round led by Dubai’s...

MiSK 500 startups Job Recruitment

Egypt

DentaCarts raises $450,000 seed round

Egypt-based dental marketplace DentaCarts has raised $450,000 in seed funding from AUC Angels, Asia Africa Investment &...

dental platform seed investment

U.A.E

VentureSouq invests in $45 million Series B of US-based Vouch

Source: MenaBytes VentureSouq, a Dubai-based investment platform focused on investing in early-stage startups around the world, has...

Business Insurance US

Saudi Arabia

Wamda co-leads $3M Series A round in online floral marketplace Floranow

Wamda, the Middle East region's leading startup ecosystem enabler, has co-led a $3 million Series A round with Global Ventures in...

Series A Floranow

Oman

Innovation Development Oman invests in Carzaty

Innovation Development Oman (IDO) has announced its investment in Carzaty, an online retailer of new and used cars based in the sultanate....

car Oman

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